News

The North County office of Lee & Associates has brokered the sale of nearly 22.6 acres of land in Temecula to TRI Pointe Homes, Inc. for an undisclosed amount of money. Matt Weaver and Al Apuzzo of Lee & Associates represented TRI Pointe Homes. Weaver and Apuzzo also represented the seller, RC Pechanga 20, LP […]

A 3.8-acre parcel of land zoned for residential development in Carlsbad has been sold for nearly $4.3 million. The parcel on Buena Vista Road has been approved for 12 residential lots. The buyer was California West Communities of Carlsbad. The seller was the Yada Family Trust of Irvine. Matt Weaver and Al Apuzzo of Lee […]

The more I learn about our complex society, the more our problems boil down to a basic failing: We don’t love our children enough. No, this column isn’t about cancerous public liabilities, which diminish the future wealth of our kids in large measure to finance comfy lives and cheap health care for today’s retirees. It’s […]

The Building Industry Association of San Diego County is suing Encinitas for the second time for noncompliance with the state-mandated Housing Element requirement, the San Diego Union-Tribune reports. The state Housing Element law requires cities to include a mix of housing affordable for all income groups in their general plans, particularly low-income families. A plan […]

San Diego County’s median home price hit another record in June with an imbalance of supply and demand continuing to push costs up, CoreLogic reported Tuesday. The median home price reached $543,500, increasing 9.8 percent in a year and marking the third month in a row of record-breaking prices. Chris Thornberg, economist and founding partner […]

By Lila Seidman Eighteen residential zoned acres of vacant land in Valley Center have sold for $1,085,000. The property is located along Rosebush Lane, off Valley Center Road, the city’s main thoroughfare, and within close proximity to local schools, Hilltop Winery and the Valley View Casino & Hotel. Al Apuzzo, Matt Weaver and Patrick Miller […]

SAN DIEGO—Lee & Associates principal Patrick Miller explains the criteria by which legal parcels are defined in the state as defined by the California Subdivision Map Act of February 1972—something many in the brokerage community don’t fully understand, he tells GlobeSt.com. SAN DIEGO—Many in the brokerage community don’t fully understand the criteria by which legal […]

San Diego’s Cornerstone Communities and Presidio Residential Capital have begun construction on the $45 million first phase of Tesoro at Vista Del Sur, with 134 upscale condominiums in Otay Mesa. A statement from the developers said sales of the Spanish and Mediterranean-style condos will begin in August. The development is located at 5496 San Roberto, […]

Lee & Associates, one of the largest national commercial real estate firms, on April 11 said it has completed the sale of 3.13 acres of vacant land in Carlsbad. The property is located at 1833 Buena Vista Way, off of Carlsbad Village Drive and less than one mile from State 78 and Interstate 5 in […]

Prices and the number of days on the market for homes in Fallbrook and Bonsall improved in March, boosted in part by declining volume, according to Jerry Kalman, a realtor who tracks the two North County submarkets. Inventory rose nearly 15 percent month-over-month to 184 units. But any inventory below 200 units is cause for […]